Ebay

FEATURED ARTICLES ABOUT EBAY - PAGE 4

SAN FRANCISCO: Online auction powerhouse eBay on Wednesday reported that its recent quarter net earnings surged due to the success of its Internet payments service PayPal. Revenue for the quarter that ended September 30 rose just a percent to 2.25 billion dollars while net profit climbed 23 percent to 432 million dollars when compared to the same period a year earlier. "We delivered strong third quarter results, with great performance at PayPal and stable results at eBay," said eBay chief executive John Donahoe.

KOLKATA: India ranks third in terms of value of goods sold for eBay Inc in the Asia Pacific region, the company said on Wednesday. "In the Asia Pacific, Korea comes first followed by Australia and then India in terms of value to goods sold," eBay official spokesperson Deepa M Thomas said here today. "India is ahead of China is terms of transactions, but not on the number of users," she said. Asked when eBay India hoped to scale up in ranking, eBay India category management director Muralikrishnan B said, "there is no internal target, but we will continue to grow in the country by bringing more and more users.

Bangalore: Mumbai has emerged as the top e-commerce centre in India, followed by Delhi, Hyderabad, Bangalore and Chennai, according to the eBay India Census Guide, which analyses the online behavior of shoppers and sellers in 28 states, six union territories and the top 100 cities. USB drive registered the maximum sales on eBay. Value mobile handsets, MP4 players, USB MP3 players and diamonds were the other popular items. According to the census, online marketplaces are helping bridge distributions gaps in the country.

NEW YORK: EBay Inc. posted a third-quarter profit that beat analyst forecasts Wednesday, but its lower-than-expected fourth-quarter forecast indicated the online auction site operator is not immune from the slowing economy. The San Jose, Calif.-based company's shares fell 54 cents, or 3.8 percent, in after-hours trading, after finishing regular trading down $2.41, or 13.6 percent, at $15.33. EBay earned $492 million, or 38 cents per share, in the quarter that ended Sept.

MUMBAI: eBay, which runs auction portals by the same name, on Thursday said it was willing to acquire more companies in India and globally if the target company fulfills its requirement. "eBay will continue to look at acquisitions both in India as well as abroad. If we find a company which will be useful for us, we will definitely have a look at it," eBay Inc President and CEO Meg Whitman told reporters here. This year would not see the same kind of activity as we saw in 2005 as it (the year 2006)

BANGALORE: eBay India Motors, an online B2B motors marketplace, today announced the launch of a online truck bazaar on eBay India. The online Truck Bazaar can be accessed on http://trucks.eBay.in and is free for any fleet operator who would like to list buses, LCBs or HCVs for sale. Interested dealers or purchasers can simply call or email the advertiser and complete the purchase easily, it said in a statement. The online truck classifieds website has over 700 live listings of online trucks, tractors, buses, tippers, trailers and tempos.

PARIS: A Paris court on Monday ordered Internet auctioneer eBay to pay 40 million euros ($63 million) in damages to Louis Vuitton for selling fake luxury goods online. The commercial court also barred eBay from selling four perfume brands, Christian Dior, Kenzo, Givenchy and Guerlain, in the ruling intended to send a strong message about copyright protection. eBay, the world's largest online auctioneer, immediately announced it was lodging an appeal and rejected the view that the court decision was a victory for copyright law. "This decision is not based on combating counterfeit material.

CHENNAI: Online auction site eBay Inc and PayPal on Monday announced the launch of a new Global Development Centre here. The facility currently houses 1,000 persons and the companies plan to hire anywhere between 100 to 1,000 persons over the next two years, Scott Thompson, PayPal's Chief Technology Officer told reporters here today. According to him, the company expects a revenue of $7.6 billion this year.

NEW DELHI: Those who wish to get a better bargain for used cars and bikes, the prices are just a message away, with the group company of online marketplace eBay India launching a price guide for consumers. eBay India Motors, a group firm of eBay India would offer real time prices of used car and bikes to consumers through mobiles. "eBay Motors is uniquely poised to provide real time prices for cars and bikes and bridge the wide price information asymmetry.

MUMBAI: Tall, gangly, blond with turquoise blue eyes that look into you with an intensity that's surprising and makes it difficult to call her Maggie or Meg. Meg Whitman, president & CEO of eBay, is probably the longest-serving chief of a dotcom firm. Someone who has seen the boom, bust and the maturing of the internet business model, and seen eBay touch revenues of $4.5 bn. eBay was not very different from other internet models which came up in the mid-90s but, over the years, the company has evolved and changed.